News: Cross-border
Events Calendar
0 Comments Share
Capacity restrained by builds, not trucker demand: ACT

COLUMBUS, Ind. -- The stage has been set for a long run-up in demand across the medium duty and heavy-duty truck and commercial trailer segments, reports ACT Research.

The most recent release of the ACT North American Commercial Vehicle Outlook reflects solid fundamentals supporting the upcycle in the commercial vehicle market.

These include improved fleet financial performance, some improvement in credit availability, as well as pent-up demand from long-delayed equipment replacements and upgrades across the entire fleet spectrum.

“While the pace of economic growth eased slightly in the first quarter of 2011, our forecast concludes that the US economy has shifted into a self-sustaining recovery mode," said Sam Kahan, ACT’s chief economist. “The recovery in the commercial vehicle sector is solidly underway, and the overall constraining factor for 2011 might actually be the industry’s ability to build rather than truckers’ demand for vehicles." 

 
Email Editor     Comment Below
Rate this Article!
We Recommend:
Popular this Week:
ADVERTISEMENT
ADVERTISEMENT
Social Activity


(optional)

(optional)

(optional)

Notify me of other comments on this story (requires email and password)


* Please type the letters above exactly as they appear:  

Please Note:

While we value your feedback, please avoid profane or personal attacks. You should know that if your comment contains libelous, prejudicial or just plain wrong statements, it will be deleted.

Report Abuse

Video Reel